Annis Gardner Whiting Capital Advisors LLC Takes $492,000 Position in Vail Resorts, Inc. (NYSE:MTN)

Annis Gardner Whiting Capital Advisors LLC bought a new position in Vail Resorts, Inc. (NYSE:MTN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,625 shares of the company's stock, valued at approximately $492,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC increased its holdings in Vail Resorts by 3.2% during the fourth quarter. Miracle Mile Advisors LLC now owns 2,121 shares of the company's stock valued at $398,000 after buying an additional 65 shares during the period. Raleigh Capital Management Inc. raised its stake in shares of Vail Resorts by 20.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 393 shares of the company's stock worth $74,000 after buying an additional 67 shares during the period. Accretive Wealth Partners LLC increased its stake in Vail Resorts by 1.5% during the 4th quarter. Accretive Wealth Partners LLC now owns 5,294 shares of the company's stock worth $992,000 after buying an additional 80 shares in the last quarter. UMB Bank n.a. raised its holdings in Vail Resorts by 37.9% in the 4th quarter. UMB Bank n.a. now owns 302 shares of the company's stock valued at $57,000 after acquiring an additional 83 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. raised its holdings in shares of Vail Resorts by 6.9% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 1,478 shares of the company's stock worth $277,000 after acquiring an additional 96 shares during the period. Institutional investors own 94.94% of the company's stock.

Vail Resorts Stock Down 5.4 %

MTN stock traded down $7.83 on Monday, reaching $137.42. 1,051,359 shares of the company traded hands, compared to its average volume of 574,745. The company has a market cap of $5.13 billion, a P/E ratio of 22.83, a price-to-earnings-growth ratio of 1.93 and a beta of 0.93. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.63 and a quick ratio of 0.51. The firm has a fifty day simple moving average of $161.95 and a 200-day simple moving average of $173.23. Vail Resorts, Inc. has a one year low of $134.68 and a one year high of $233.57.

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Vail Resorts (NYSE:MTN - Get Free Report) last announced its earnings results on Monday, March 10th. The company reported $6.56 EPS for the quarter, topping analysts' consensus estimates of $6.29 by $0.27. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter in the previous year, the business earned $5.76 EPS. The company's quarterly revenue was up 5.5% on a year-over-year basis. Research analysts anticipate that Vail Resorts, Inc. will post 7.62 earnings per share for the current year.

Vail Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be given a dividend of $2.22 per share. This represents a $8.88 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date of this dividend is Thursday, March 27th. Vail Resorts's dividend payout ratio (DPR) is presently 130.21%.

Insider Activity at Vail Resorts

In related news, CFO Angela A. Korch acquired 185 shares of the firm's stock in a transaction dated Thursday, March 13th. The shares were purchased at an average cost of $160.00 per share, for a total transaction of $29,600.00. Following the acquisition, the chief financial officer now owns 2,956 shares in the company, valued at $472,960. The trade was a 6.68 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

MTN has been the topic of a number of recent analyst reports. Truist Financial dropped their price objective on Vail Resorts from $250.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday, December 10th. Stifel Nicolaus increased their price target on shares of Vail Resorts from $216.00 to $217.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Mizuho reduced their price objective on Vail Resorts from $227.00 to $215.00 and set an "outperform" rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. raised their price objective on Vail Resorts from $166.00 to $167.00 and gave the company an "underweight" rating in a research note on Tuesday, March 11th. Finally, Morgan Stanley dropped their target price on Vail Resorts from $197.00 to $178.00 and set an "equal weight" rating for the company in a report on Tuesday, March 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $193.56.

Vail Resorts Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.